SiTime Reports Third Quarter 2025 Financial Results

Core Insights - SiTime Corporation reported a 45% increase in net revenue for Q3 2025, reaching $83.6 million compared to $57.7 million in Q3 2024 [1][2] - The company anticipates continued growth, projecting to exceed 50% year-over-year growth for 2025, driven by strong demand in its Communications-Enterprise-Datacenter business [2] Financial Performance - GAAP gross profit for Q3 2025 was $44.7 million, representing a gross margin of 53.5% [2][11] - Non-GAAP gross profit was $49.1 million, with a non-GAAP gross margin of 58.8% [3][17] - GAAP operating expenses totaled $60.7 million, leading to a GAAP loss from operations of $16.0 million [2][11] - Non-GAAP income from operations was $15.4 million, with a non-GAAP operating margin of 18.5% [3][17] Cash Position - As of September 30, 2025, the company had total cash, cash equivalents, and short-term investments amounting to $809.6 million [3] Stock Awards - On November 3, 2025, SiTime granted 27,923 restricted stock units (RSUs) to 19 newly hired individuals as part of its Inducement Award Plan [6] Conference Call - SiTime scheduled a conference call to discuss its Q3 2025 financial results on November 5, 2025 [7][8] Company Overview - SiTime Corporation specializes in Precision Timing solutions, offering semiconductor MEMS programmable solutions that enhance product performance, size, power efficiency, and reliability [9]